The size of the European Radial Compression Devices Market is forecasted to be growing at a prominent CAGR between 2020 to 2025.
It is a band which helps in maintaining the homeostasis of the radial artery after a transradial procedure. The band is transparent so as to control and selectively compress the radial artery for proper flow of blood. It is flexible in nature and can be worn on any wrist size.
Reduced stay in hospitals due to the usage of bands will save the patients on hefty hospital bills which is one of the major drivers of the market. Increased prevalence of cardiovascular diseases and rising geriatric population are further propelling the market growth. The band based devices provide more mobility to the patient as the incision site is smaller which also reduces the risk of post-operative infection. The lower cost of surgery is expected to further drive the market.
The market for Radial Compression Devices is broadly categorized into product, usage and end user. By product the market is classified into band/ strap based device, knob based device and plate based. The band based products are expected to dominate the global market. By usage the market is segmented into disposable and reusable devices. By end user the market is divided into hospitals, independent catheterization labs, ambulatory surgery centres and specialised clinics. On the basis of geography, the market is analysed under various regions namely U.K , Germany, Italy, France and Spain.
Some of the major companies dominating the market, by their products and services include Abbott Laboratories , Comed B.V. , Terumo Corporation , Merit Medical, Inc. , Vascular Solution Inc. , Advanced Vascular Dynamics and Beijing Demax Medical Technology co., Ltd.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product
5.1.1 Introduction
5.1.2 Band/strap based devices
5.1.3 Knob based devices
5.1.4 Plate based devices
5.1.5 Y-o-Y Growth Analysis, By Product
5.1.6 Market Attractiveness Analysis, By Product
5.1.7 Market Share Analysis, By Product
5.2 Usage
5.2.1 Introduction
5.2.2 Disposable devices
5.2.3 Reusable devices
5.2.4 Y-o-Y Growth Analysis, By usage
5.2.5 Market Attractiveness Analysis, By usage
5.2.6 Market Share Analysis, By usage
5.3 End user
5.3.1 Introduction
5.3.2 Hospitals
5.3.3 Independent catheterization labs
5.3.4 Ambulatory surgery centers
5.3.5 Specialised clinics
5.3.6 Y-o-Y Growth Analysis, By end user
5.3.7 Market Attractiveness Analysis, By end user
5.3.8 Market Share Analysis, By end user
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By usage
6.1.3.4 By end user
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By usage
6.1.4.4 By end user
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By usage
6.1.5.4 By end user
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Terumo Corporation
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Merit Medical, Inc.
8.3 Abbott Laboratories
8.4 Vascular Solution Inc.
8.5 Advanced Vascular Dynamics
8.6 Comed B.V.
8.7 Beijing Demax Medical Technology co., Ltd.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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